CIFR is trading 4.7% down at $24.47 as investors continue to react to its recently priced $810 million debt deal and broader pressure across the crypto and tech sectors.
- Pre-market weakness aligns with continued declines in Bitcoin and Ethereum alongside a soft Nasdaq futures backdrop.
- The stock's downward momentum follows a session on June 25, 2026, where it underperformed the broader market, weighing heavily on crypto-linked miners like Cipher.